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you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a coalition of labor and liberals saying no way. >> so, in the nitty-gritty before we get to entitlements. what if -- would it be better if we increase taxes on a larger group of people everybody making over 250,000 by a smaller amount or increasing taxes on a smaller group making more than a million and go up to 39.6%. what is more likely to happen? >> it's more likely to be the former than the latter. i must tell you jennifer, i don't much care, you have to get that revenue target. the president said 1.6 trillion. you probably end up compromising at 1.2 trillio
countries have transformed, reform, lower the rates. we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would
Search Results 0 to 2 of about 3 (some duplicates have been removed)